03-27-2014, 08:26 AM
(03-26-2014, 08:09 AM)Markrichard Wrote: Have anyone from you tried Brazilian and Taiwanese dividend paying stocks? I was shocked to see the dividend yield these stocks were offering. Average dividend yield these stocks were offering was far ahead that I got within FTSE Stocks.Highest dividend Yield was from CEMIG with div yield of 30.28.
I wouldn't touch them with a 10 ft pole. Different accounting standards and its hard to keep up on news with some stocks like that.
I was burned with some Chinese stocks a few years ago and learned my lesson. There are thousands of good companies to buy on American exchanges, I don't see any reason to venture overseas to try to make an extra buck.
If it sounds too good to be true, it probably is.